Hsbc Holdings PLC decreased its position in iShares MSCI India ETF (BATS:INDA – Free Report) by 24.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 201,544 shares of the company’s stock after selling 66,642 shares during the quarter. Hsbc Holdings PLC owned 0.12% of iShares MSCI India ETF worth $10,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of iShares MSCI India ETF in the third quarter valued at $26,000. Ravenswood Partners LP purchased a new stake in iShares MSCI India ETF during the third quarter valued at $27,000. CoreCap Advisors LLC raised its stake in iShares MSCI India ETF by 292.7% during the fourth quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after purchasing an additional 401 shares in the last quarter. Assetmark Inc. lifted its position in iShares MSCI India ETF by 121.6% during the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock valued at $29,000 after purchasing an additional 298 shares during the last quarter. Finally, Asset Dedication LLC bought a new position in iShares MSCI India ETF during the fourth quarter valued at $36,000.
iShares MSCI India ETF Stock Down 0.4%
Shares of BATS:INDA opened at $49.43 on Friday. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $56.01. The stock has a market capitalization of $8.58 billion, a P/E ratio of 25.20 and a beta of 0.48. The firm has a fifty day simple moving average of $48.82 and a two-hundred day simple moving average of $50.50.
About iShares MSCI India ETF
The iShares MSCI India ETF (INDA) is an exchange-traded fund that is based on the MSCI India index, a market-cap-weighted index of the top 85% of firms in the Indian securities market. INDA was launched on Feb 2, 2012 and is managed by BlackRock.
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